tag:blogger.com,1999:blog-7664540006018980559.post3499192067882365937..comments2017-03-05T14:09:55.335-08:00Comments on The Boring Stuff: Finding Private Investors for Film Projects - The problemsMac Harwoodhttps://plus.google.com/113661976370097228009noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-7664540006018980559.post-66409412463347684222017-03-05T14:09:55.335-08:002017-03-05T14:09:55.335-08:00I agree that it&#39;s a bizarre phrase, but &#39;s...I agree that it&#39;s a bizarre phrase, but &#39;sophisticated investor&#39; is the recognised phrase in my juristiction. It gets used because it&#39;s codified in law - in Australian securities rules it is Chapter 6D of the Corporations Act 2001.<br /><br />Just to be confusing, Chapter 7 refers to the same group as &#39;Wholesale clients&#39; ... making up another phrase for the same concept!<br /><br />I agree it is the stupidest phrase ever ... but alas that&#39;s the accepted phrase in many places.<br /><br />I&#39;ll try to use &#39;accredited investor&#39; when talking about the USA though ... they&#39;ve done the smart thing and come up with a better phrase.<br /><br />Even if they did ruin the spelling of &#39;aluminium&#39; !<br /><br />-- Mac <br /> Mac Harwoodhttps://www.blogger.com/profile/12130057839014374504noreply@blogger.comtag:blogger.com,1999:blog-7664540006018980559.post-68841478314056747252017-03-04T19:20:10.020-08:002017-03-04T19:20:10.020-08:00What you call &quot;sophisticated investors&quot; ...What you call &quot;sophisticated investors&quot; are actually called &quot;accredited investors,&quot; that is, they are wealthy enough to withstand the risk. <br /><br />&quot;Sophisticated&quot; investors are those who understand the business of investing enough to be able to safely evaluate the risks for themselves, for example, stock brokers and professional financial planners. Sophisticated investors don&#39;t need to have a minimum income or net worth.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7664540006018980559.post-80458520066454789712012-02-10T09:37:07.207-08:002012-02-10T09:37:07.207-08:00You have done very good to demonstrate the problem...You have done very good to demonstrate the problem, thank you. Can you point me to the article that provides the solution on how to go about finding private investors properly?Paul Mungerhttps://www.blogger.com/profile/00588653990866785773noreply@blogger.com